Question

A subsidiary of government company is also treated as a ___________.

• A. Government Company
• B. Public Company
• C. Private Company
• D. All of the above

Answer 1

The correct option is A Government Company

The Central Government, or Any State Government or Governments, or Partly by the Central Government and partly by one or more State Governments, or includes a Company which is a Subsidiary Company of such a Government Company; A Subsidiary of Government Company shall also be treated as a Government Company.

Government Company is a company or an organization in which at least 51% of the paid up share capital is held by the central government or the state government or partly by both central and state government. A company having business operations in India and registered under the Indian Companies Act, 1956 is called Indian Company. An Indian company may be formed as a public limited, private limited or government company

.the government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part of the government to stock companies with a state as a regular stockholder.